Thanks to community feedback & discussion, Jupiter Perps has been undergoing fee changes to be competitive against other top trading venues.
Recent Changes: (over the last month~)
- Reduction in borrow rate per hour from 0.01% to 0.008% for SOL, ETH and BTC longs
- Reduction in trade open/close fee from 0.1% to 0.06%
- Introduction of dynamic price impact fee based on notional trade size
Thanks to the research insights provided by the folks at @gauntlet_xyz and @chaos_labs, for kicking off these discussions.
Currently, Jupiter Perps is competitive compared to CEX platforms to open large trade sizes.
We will continue pushing to make Jupiter Perps, a smoother and cheaper place to trade compared to any other venue in crypto.
Leave us feedback in Discord or participate in the discussions with Chaos & Gauntlet!